China has a target of generating 15% of its energy from renewable forms by 2020 from the single digit percentage now.Most of the power in China is generated through the dirtiest form of energy – coal.The environmental norms are very weak resulting in huge pollution problems in China.Besides this the problems of global warming and “peak resources’ makes it essential for China to move faster with regards to Clean Technology.In Wind China has become the 2nd largest market in 2009 leading to an oversupply situation.However in Solar , China is not even in the top 10 countries . In my opinion the reason for the not enacting a FIT could be

1) The high price of solar energy which is more expensive than Coal,Gas,Oil,Wind and Nuclear Energy.

3) Waiting for the solar energy prices to go even lower ( there has been a 30-40% decrease in solar costs over the last 2 years)

4) China has awarded a number of large solar projects through the bidding mechanism.Perhaps the authorities there feel it is cheaper and more efficient to boost renewable energy through this approach rather than Feed in Tariffs

Sneha Shah

I am Sneha, the Editor-in-chief for the Blog. We would be glad to receive suggestions, inputs & comments on GWI from you guys to keep it going! You can contact me for consultancy/trade inquires by writing an email to greensneha@yahoo.in